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Destin Real Estate For Sale In FL
Destin is a city located in the panhandle of Florida that was originally a small fishing village. Today, it is a popular tourist destination, with over 80% of the Emerald Coast's 4.5 million annual visitors visiting the city. Destin is also a prime location to buy real estate in Florida. With a population of just over 12K and as an urban beach city, Destin real estate is highly variable in both style and price range. Take a look at our listings to see if this is the right place for you.
Destin, FL Real Estate Market
The Destin real estate market is largely made up of privately-owned vacation rentals. These rentals include various property types, including large Destin condos for sale, beach homes, townhomes, resorts, studios, cottages, and a few bungalows. The real estate market in Destin, Florida, is currently a buyer's market, meaning there are more homes available for sale than buyers looking to purchase. This can be a good opportunity for buyers to negotiate a lower price or find more favorable terms on a home purchase. The city of Destin is entirely urban and beachfront, with a median home price of $635K. This price is accurate across the board for both single-family homes and condos.
Most vacation homes for sale in Destin are located on the south side of US Hwy 98, near the Gulf of Mexico. On the other hand, the majority of residents live on the north side of US Hwy 98, by Choctawhatchee Bay. The most popular homes in Destin are two-to-three bedrooms, which is probably due to the popularity of condos as well as explaining the price jump between three-bedroom to four-bedroom residences. Condos tend to sell faster than single-family homes in Destin, with an average of 35 days on the market compared to 50 days for single-family homes. The most expensive neighborhoods in Destin are Crystal Beach and the Dunes of Destin, while more affordable neighborhoods include Downtown Destin and Indian Bayou.
There is a large number of vacant homes in Destin, but this is often due to seasonal rental usage. There are very few homes in Destin that were built before 1980. Over 54% of the available real estate in Destin are condos, while 33% are single-family homes.
Destin, FL Neighborhoods
Holiday Isle
Holiday Isle is located on the southernmost tip of Destin's west side. It is a luxurious and exclusive area that offers a variety of housing options and easy access to the water. It is a secluded area known for its mix of single-family homes and condos. The prices of Destin real estate in this neighborhood range from $289K to $2.6M.
Single-family homes in Holiday Isle are usually priced in the millions, with an average price of around $925K. Condos in the Holiday Isle neighborhood have an average price of approximately $500K. This neighborhood has a direct route to Noriega Bay and Crab Island, making it a good place for those who have a boat.
Indian Bayou and Indian Lakes
Located in the north-central part of the city, Indian Bayou and Indian Lakes are well-established and family-friendly communities that are home to golf courses. Destin real estate prices in this neighborhood range between $325M to $1.1M, with a median price of around $489K.
There are also some condos available in the Indian Bayou neighborhood, with prices starting at around $160M. This neighborhood is known for being a bit easier to avoid tourists compared to other parts of Destin, making it a popular choice for residents who prefer a more local feel.
Crystal Beach
Crystal Beach is a popular area for vacation rentals, with a wide range of housing options, including gated communities, condos, and single-family homes. The Destin real estate prices range in this neighborhood between $450K to $1.7M, with a median price for single-family homes of around $620K.
This neighborhood offers public access to the beach, making it a desirable location for those who love spending time by the water. In addition to its proximity to the beach, the Crystal Beach neighborhood is known for its mix of vacation rentals, gated communities, and condos, making it a popular choice for both residents and tourists.
Regatta Bay
Regatta Bay neighborhood is a gated and affluent community located in Destin, Florida. It is known for its luxurious homes, which have an average size of around 4,000 square feet and range in price from $450,000 to $1.4 million. This neighborhood is situated on the water, making it a popular choice to buy Destin real estate for those who love boating.
The Regatta Bay neighborhood is home to a golf course and club, as well as The Marine and Yacht Club, making it an ideal location for golfers and boaters. In addition to its many recreational amenities, the Regatta Bay neighborhood is close to the Destin Commons outdoor mall, which offers a range of shopping and dining options.
Destin, FL Schools
Public schools in Destin fall under the management of Okaloosa County Public Schools. Within Destin proper, there are only three public primary, middle, and secondary schools; they are:
- Destin Elementary School
- Destin Middle School
- Destin High School
The small number of schools is due to the smaller population as well as the population of residents under 20 is less than one-quarter of the total.
There are not any higher education institutes in Destin, but you can find campuses in nearby Fort Walton Beach and Niceville.
Frequently Asked Questions About Destin, FL Real Estate
What Are The Zip Codes For Destin, Florida?
Destin, Florida, real estate is located in the only residential zip code of the city: 32541.
What County is Destin, FL in?
Destin, FL, is the principal city in Okaloosa County, Florida.
Where Is The Nearest Commercial Airport In Destin, Florida?
Destin-Fort Walton Beach Airport (VPS) and Destin Executive Airport are the two airports located near Destin real estate.
Destin-Fort Walton Beach Airport is located about four miles northwest of the city of Destin and is the most popular airport for tourists to use when coming to visit Destin.
Destin Executive Airport is a smaller general aviation airport located about 6 miles northwest of the city of Destin. The airport has a single runway and is primarily used by private planes and small charter flights.
How Far Are Other Popular Cities from Destin, Florida?
- Pensacola is 47.5 miles west via US-98
- Mobile, AL, is 108 miles northwest via I-10 and US-98
- Tallahassee is 159 miles east via I-10
- Panama City is 55.5 miles southeast via US-98
- Gainesville is 310 miles southeast via I-10
- Montgomery, AL, is 174 miles north via I-65
What Is Destin, FL, Known For?
Destin is known for having the largest fishing vessel fleet in Florida. The city is also known for its popularity as a tourist destination due to its beaches and gorgeous waters.
Is Destin, FL, A Good Place To Live?
Destin, Florida, has a diverse economy and is home to a variety of restaurants, shopping centers, and recreational facilities. The cost of living in Destin real estate is higher than the national average, but the city has a strong job market and a growing population. Many people who live in Destin enjoy the laid-back beach lifestyle and the city's proximity to a number of popular tourist attractions.
Things to Do in Destin, FL
Destin is also a popular destination for fishing, with many charter boats and fishing guides available to take visitors out on the water. The city is known for its abundant marine life and is home to several species of fish, including red snapper, amberjack, and grouper.
Destin real estate is located along the Gulf of Mexico and is known for its white sand beaches and emerald green waters making the city a popular destination for those looking to enjoy the outdoors, with a range of activities available, including boating, swimming, and snorkeling.
Living in Destin, FL Real Estate
Cost of Living in Destin, Florida
The cost of living in Destin real estate is 120.9 out of a baseline of 100, which means that it is about 21% more expensive to live in Destin compared to the average city in the United States. Specifically, Destin is about 27.9% more expensive to live in compared to Pensacola, another city in Florida.
The median household income in Destin is $81,827, which is higher than the national average. In Destin, the cost of housing tends to be higher than the national average, which can drive up the overall cost of living. However, the city also offers a range of amenities and a high quality of life, which can make it an attractive place to live for many people.
Healthcare in Destin, Florida
There is only one hospital in Destin, Sacred Heart Medical. It is on the far east side of Destin, about 10 minutes by car from downtown. There is another nearby facility close to Destin real estate, in Fort Walton Beach, the Fort Walton Beach Medical Center. These facilities offer a range of medical services, including emergency care, surgery, and other specialized care.
Weather in Destin, Florida
Destin has a humid subtropical climate. The city receives an average of 55 inches of rainfall per year, with about 110 days of rain per year. The average low temperature in the winter months is in the 40s, while the average high temperature in the summer months is in the upper 80s to low 90s. The humidity levels in Destin real estate are generally high, making the weather feel warmer than the actual temperature. However, because of its location in the Gulf of Mexico, the sea breeze can help mitigate the heat.
Job Market in Destin, FL
Unemployment is very low at 2%, which is below the national average. Tourism is a major contributor to the city's economy, with the city's beautiful beaches and recreational opportunities attracting millions of visitors each year. The city is home to many hotels, restaurants, and other businesses that cater to tourists.
Fishing is another important industry in Destin, with the city's location along the Gulf of Mexico providing access to a range of marine life
Transportation in Destin, FL
Transportation options in Destin are largely centered around personal vehicles. Luckily, Destin is fairly walkable due to its small size and the bulk of the population living near the beach. Destin does not have a public transit system, but some private shuttle and taxi companies are operating in the city.
Destin real estate is served by several major roads, including US Highway 98 and State Road 293, which provide access to the rest of the Florida panhandle. The two bridges connecting Destin to the rest of Florida are the Destin Bridge on the west of the city and the Mid-Bay Toll Bridge on the north side of the city.